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Federal Renewable Energy Income Tax Credit & Alternative Solar Power
Produce Investment Incentives & Benefits to the World
New Solar Thermal (& Biomass) Energy & Turbine - Generator Technology:
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- Reduces the cost of electrical power and all energy costs.
- Reduces demand for oil which would improve international relations - ease tensions, fewer wars & destruction. Less money going to terrorists.
- REDUCES POLLUTION, health problems, healthcare costs, etc.
- Generates meaningful jobs - improving the economy - and the trade deficit.
- Enables the Lowest Cost & Easiest conversion of transportation to plug-in & hybred vehicles.
- Allows for less dependence on the power grid - greater self-sufficiency & security.
- Reduces the need for and number of high voltage power lines.
- Provides lower cost and clean power in remote areas, etc., etc., etc.
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Tax Payers:
All the money you send to the IRS could instead
go into an income producing asset for you in solar energy.
Federal Income Tax Benefits make it possible to purchase Solar Electric Power Generation Equipment with no out of pocket expense.
A Public Company with New Low Cost Patented Solar Power Technology that can be mass produced, with a New Bladeless Turbine makes possible a NO COST deal to tax payers.
It is possible to buy into a solar (thermal) power generation plant with no out of pocket expense, and not have to come up with any money in advance either. One can actually purchase solar power equipment, part of this electric generation plant, and end up with money in their pocket.
The renewable energy income tax credit, plus deductions can more than cover the cost of ownership in this facility. Purchasing equipment - sections or units of ownership gains a Federal Tax "Credit" of 86% plus depreciation deductions that can save an additional 20% to 80% (depending on tax bracket) which covers the cost (or more), and then will earn its portion of the production revenue.
So one's income taxes are essentially directed into (paying for) an income producing asset, instead of (nothing) going to the government.
The purchase of 1 unit (a 1 KW section) of this solar power plant costs $1050 and gains tax savings of about the same amount (in the first year, and more in following years) and equity of $1050 in the power plant - a gain of around 100% immediately or within a few months. Then the annual income generated from the plant is expected to be around $100 per unit, or about 10% of the amount contributed (or more). Although this percentage is really much higher, (really all windfall - free income) as the "investment" is made by, or reiumbursed by the government.
For another example, someone with an income tax liability of around $16,000 could purchase 14 units of the solar power plant for $14,700 and realize a tax savings of about $16,000 (108%) - in the first year. So they would be gaining $14,700 of equity in the power plant, plus about $1,000 cash in their pocket, plus expected income from the plant of around $1,400 per year (initially).
This program can benefit anyone, individuals or companies, small or large, with tax liabilities of a few hundred dollars to millions. Tax benefits like this, that usually only the wealthy are able to take advantage of, are available here to the "little guy" as well -- utilizing / eliminating 100% of tax liability (as good as it could get). Now you don't have to feel like; the more you work and make, the more you lose to taxes. You can save / keep and put to work, all the money you make.
Participants need not even come up with any extra money in advance. Planning ahead, they can save their taxes first - by dropping their employee withholdings (W-4) or by not paying their estimated quarterly tax payments during the year (saving that money) and then investing (purchasing) a similar amount in the solar power plant (after the would-be tax dollars are accumulated) and then not being required to send that much money to the government. So it is easiest and very beneficial now, towards the beginning of the year to reduce or stop paying your income taxes (through withholdings or quarterly payments) - in order to keep your options open - to not have to come up with additional funds to make the purchase, nor have to wait to get that money back. Then, if and when you feel comfortable with this program / investment, company, etc., and as your savings and tax liability grow during the year, you will be able to simply decide (with no financial burden) whether you want to send that money to the IRS, or invest it in solar energy.
More details on how this works:
The federal income tax credit on renewable (solar) energy is 30% of the total cost of the equipment purchased ($3000 per unit in this case). So the credit amount is $3000 x .30 = $900. The company selling the equipment requires a payment of just 35% of the total cost or $1050 per unit, so that the tax credit of $900 covers most of, or 86% of the required payment. Then the cost of this equipment can also be depreciated, producing additional savings depending on income level and tax bracket (could be close to an additional $1000). The balance of the equipment cost is more than paid for by the revenues.
In this way, a person's tax liability, what they are required to send to the IRS can be converted to or directed into a business asset INSTEAD of going to the government (a true no-brainer).
For large amounts, any excess credit remaining in the current year may be used to retrieve taxes paid in the previous year (1 year back) and/or carried forward for up to 20 years.
Income to the participant from operations is expected to be 9% to 20% (aside from the tax savings) which would make this a very positive deal even if there were no tax benefits.
The equipment being purchased is a type of magnifying lens (22 or 30 feet in diameter) with accompanying apparatus and installation that will power a new, patented, blade-less, efficient turbine and generator, part of a solar energy farm. The solar power plant is being built in southern Utah and will be operated and maintained by a power company. Anyone interested may visit the power plant facility whenever they like. This equipment is priced at $3 per watt of generating capacity. Those familiar with the cost of solar generating equipment (photovoltaic - PV, as well as Concentrated Solar Power - CSP) will recognize this price as not only competitive, but lower than competing providers. So the program here is NOT unrealisticly based on an inflated (bogus) cost of the equipment. Rather it is based on, and made possible by, valuable low cost new technology.
Everything is verifiable, legitimate / legal and the tax benefits have been working since 2006.
Now, you can direct money that you would otherwise be losing, into equity / ownership in a solar electric power plant (an asset in your possession) and generate meaningful income for many years, while also greatly benefiting society in a major effort to reduce pollution, energy prices, dependence on foreign oil, along with creating good long-term jobs in this essential industry - improving the economy, and the trade deficit, and increasing security in the US - huge benefits all around.
For more information - details on the program, the company and the technology, etc: contact us here. or here: 414-372-7097 (Leave message.)
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Disclaimer: We are not in the business of providing tax advice. All statements here are for the purpose of information - on possible business and tax benefits for those with the appropriate financial situation. All interested parties are responsible for their decissions and to acquire their own legal and tax advice.
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